Gross Domestic Product — Value US$, 2015 prices in Vanuatu

Vanuatu: Gross Domestic Product — Value US$, 2015 prices was 883.27 million USD in 2024. ▲ Rising

Latest (2024)
883.27 million USD
Change on year
up 4.0%
World rank
192nd
of 203 countries
All-time high
883.27 million USD
in 2024
All-time low
118.34 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$, 2015 prices in Vanuatu, 1970–2024

200400600800197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross domestic product — value us$, 2015 prices in Vanuatu is 883.27 million USD, measured in 2024. That is the highest value across all 55 years on record.

That represents a change of up 4.0% on the previous year and up 20.9% over ten years.

Over the whole period, gross domestic product — value us$, 2015 prices in Vanuatu peaked at 883.27 million USD in 2024 and was at its lowest, 118.34 million USD, in 1970.

That places Vanuatu 192nd out of 203 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Domestic Product — Value US$, 2015 prices in Vanuatu, year by year

Annual values for Gross Domestic Product — Value US$, 2015 prices in Vanuatu, 1970 to 2024.
Year million USD Change
1970 118.34 million USD
1971 121.44 million USD +2.6%
1972 124.82 million USD +2.8%
1973 145.95 million USD +16.9%
1974 196.39 million USD +34.6%
1975 187.37 million USD -4.6%
1976 191.04 million USD +2.0%
1977 189.21 million USD -1.0%
1978 222.45 million USD +17.6%
1979 231.05 million USD +3.9%
1980 204.56 million USD -11.5%
1981 213.07 million USD +4.2%
1982 235.78 million USD +10.7%
1983 311 million USD +31.9%
1984 332.32 million USD +6.9%
1985 336 million USD +1.1%
1986 329.17 million USD -2.0%
1987 330.57 million USD +0.4%
1988 332.44 million USD +0.6%
1989 343.84 million USD +3.4%
1990 360.26 million USD +4.8%
1991 403.96 million USD +12.1%
1992 401.02 million USD -0.7%
1993 419.06 million USD +4.5%
1994 429.73 million USD +2.5%
1995 449.83 million USD +4.7%
1996 461.35 million USD +2.6%
1997 472.29 million USD +2.4%
1998 482.37 million USD +2.1%
1999 486.18 million USD +0.8%
2000 511.51 million USD +5.2%
2001 501.02 million USD -2.1%
2002 492.61 million USD -1.7%
2003 505.6 million USD +2.6%
2004 525.75 million USD +4.0%
2005 553.63 million USD +5.3%
2006 600.48 million USD +8.5%
2007 631.56 million USD +5.2%
2008 652.35 million USD +3.3%
2009 672.16 million USD +3.0%
2010 680.62 million USD +1.3%
2011 701.99 million USD +3.1%
2012 709.08 million USD +1.0%
2013 712.37 million USD +0.5%
2014 730.71 million USD +2.6%
2015 759.69 million USD +4.0%
2016 786.06 million USD +3.5%
2017 820.75 million USD +4.4%
2018 844.55 million USD +2.9%
2019 871.93 million USD +3.2%
2020 828.4 million USD -5.0%
2021 815.54 million USD -1.6%
2022 831.16 million USD +1.9%
2023 849.56 million USD +2.2%
2024 883.27 million USD +4.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 172.81 million USD 118.34 million USD 231.05 million USD 10
1980s 296.88 million USD 204.56 million USD 343.84 million USD 10
1990s 436.6 million USD 360.26 million USD 486.18 million USD 10
2000s 564.67 million USD 492.61 million USD 672.16 million USD 10
2010s 761.78 million USD 680.62 million USD 871.93 million USD 10
2020s 841.58 million USD 815.54 million USD 883.27 million USD 5

Countries ranked near Vanuatu

  1. 189 Turks and Caicos Islands 993.19 million USD compare
  2. 190 Samoa 962.16 million USD compare
  3. 191 Saint Vincent and the Grenadines 960.61 million USD compare
  4. 193 Dominica 562.76 million USD compare
  5. 194 Tonga 463.8 million USD compare
  6. 195 Sao Tome and Principe 386.26 million USD compare

See the full ranking of 252 places →

More economy & growth data for Vanuatu

All data for Vanuatu →

Frequently asked questions

What is gross domestic product — value us$, 2015 prices in Vanuatu?
Gross domestic product — value us$, 2015 prices in Vanuatu was 883.27 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$, 2015 prices recorded in Vanuatu?
The highest recorded value was 883.27 million USD in 2024.
What is the lowest gross domestic product — value us$, 2015 prices recorded in Vanuatu?
The lowest recorded value was 118.34 million USD in 1970.
How does Vanuatu rank for gross domestic product — value us$, 2015 prices?
Vanuatu ranks 192nd out of 203 countries with data for 2024.
Is gross domestic product — value us$, 2015 prices rising or falling in Vanuatu?
Over the last ten years it is up 20.9%. The long-run trend across the full record is rising.
Where does this Vanuatu data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, 2015 prices in Vanuatu. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-2015-prices/vanuatu/

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About this data

Indicator
Gross Domestic Product — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).